Today At A Glance:

Stocks fell as the AI trade cooled again ahead of Nvidia’s mid-week earnings, with crypto-linked names adding to the drag after Bitcoin slid below $92,000. The S&P 500 lost about 0.9%, the Dow fell 1.2% (~557 points), and the Nasdaq slipped 0.8%. Alphabet bucked the trend, jumping after Berkshire Hathaway disclosed a multibillion-dollar stake. Small caps underperformed, and several rate-sensitive pockets wobbled despite a slight dip in the 10-year yield near ~4.13%. Technical watchers noted the S&P 500 and Nasdaq closed at one-month lows, stirring chatter about further near-term selling.

Today’s Index Performance:

• Dow Jones Industrial Average — Opened at 47,068.06 and closed at 46,590.24 (about −1.2% on the day).
• S&P 500 — Opened at 6,713.61 and closed at 6,672.50 (about −0.9% on the day).
• Nasdaq Composite — Opened at 22,788.32 and closed at 22,708.08 (about −0.8% on the day).

Gainers Of Note:

• Alphabet (NASDAQ: GOOGL) – Search & cloud; +~5% after Berkshire Hathaway revealed a roughly $4.9B stake, seen as a rare large-cap tech bet from Omaha and a vote of confidence in Alphabet’s AI footing.
• Expeditors International (NASDAQ: EXPD) – Global freight forwarder; +~3–4%, appearing among the day’s S&P 500 top performers as investors rotated into select industrials/logistics.
• Centene (NYSE: CNC) – Managed care; +~3% as health-care outperformed broader risk assets and flows favored defensive growth.

Losers Of Note:

• Coinbase (NASDAQ: COIN) – Crypto exchange; −~7% as Bitcoin’s slide below $92K pressured crypto-exposed names.
• Super Micro Computer (NASDAQ: SMCI) – AI servers; −~6%, extending recent weakness amid valuation worries and lingering concerns after delivery-timing issues earlier this month.
• Aramark (NYSE: ARMK) – Food & facilities services; −~5% after a revenue and EPS miss in its fiscal Q4 update.

Active Traders Of Note:

• Nvidia (NASDAQ: NVDA) – AI GPUs & platforms; heavy turnover as traders positioned ahead of earnings that could reset sentiment on the AI spend cycle.
• Apple (NASDAQ: AAPL) – Consumer tech; brisk trading after filings showed Berkshire trimmed its Apple stake, prompting debate on megacap positioning.
• Dell Technologies (NYSE: DELL) – PCs/servers; active and lower after a broker downgrade, part of broader choppiness in hardware ahead of data-center updates.

Looking Forward:

With mega-cap AI leadership wobbling, Wednesday’s Nvidia report looms as the near-term catalyst for risk appetite. Retail-heavy earnings (Walmart/Target/Home Depot) and the resumption of delayed government data could sway views on the consumer and the Fed path. If yields stay contained, defensives and profitable quality may continue to weather tech volatility into tomorrow’s session.

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